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SMEs

Advisory Fuel Rates: updates from 1 December 2020

30 November 202030 November 2020

HM Revenue and Customs (HMRC) has updated the Advisory Fuel Rates (AFRs) which come into effect on 1 December 2020,…

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HMRC’s amended guidance on late furlough claims

23 November 202023 November 2020

On 19 November 2020, the Government amended its guidance to give examples of what is meant by a ‘reasonable excuse’,…

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Proposed R&D cap for SMEs published  

16 November 202016 November 2020

On 12 November 2020, the details of the proposed Small and Medium-sized Enterprise (SME) Cap, which is due to come…

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Temporary Annual Investment Allowance extended to January 2022

13 November 202013 November 2020

The temporary Annual Investment Allowance (AIA) will be extended until 01 January 2022 to “stimulate investment in UK manufacturing”, it…

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Government set to unveil legislation enabling ministers to block foreign takeovers of UK companies

11 November 202011 November 2020

The Government is set to unveil new legislation that will enable ministers to block firms from ‘hostile states’ from completing…

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New Bounce Back Loans have banks preparing for a wave of applications

9 November 20209 November 2020

UK banks have been preparing themselves for the wave of small and medium-sized enterprises (SMEs) topping up with the Bounce…

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